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    348 Battlefield Blvd Chesapeake, VA 23322

    For Lease
    Contact for pricing

    Chesapeake, VA: 12,250 SF Available

    Lot size:
    51,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Wilson Village Shopping Center presents a rare end-cap retail opportunity in Chesapeake, Virginia's bustling Great Bridge submarket. This 12,250 square foot space, formerly occupied by Rite Aid, offers excellent visibility and accessibility on South Battlefield Boulevard. The property is part of a well-established shopping center anchored by AutoZone, Taylor's Do-It, and Mr. Jim's Subs, ensuring high foot traffic and brand recognition. The center boasts a total of 51,525 square feet across eight suites, providing a strong tenant mix. This location benefits from a mid-to-high median income demographic and consistent population growth, creating a stable and attractive market for businesses. The space is available for occupancy in late 2022. The landlord is offering tenant improvement allowances, and several capital improvements are planned for the shopping center. This prime retail space is ideal for businesses seeking high visibility and a strong customer base in a thriving community. The minimum divisible space is 12,250 square feet, with a maximum contiguous space also at 12,250 square feet. The property's zip code is 23322. This is a drive-thru capable end cap space.

    Property Features for 348 Battlefield Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,525 SF

    Unit(s) available at that property

    Space
    Wilson Village End Cap w/ Drive Thru
    Size
    12,250 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.23900539
    Latitude
    36.71343805

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    FAQs

    What type of property is this?
    Restaurant - Chesapeake, VA: 12,250 SF Available
    Where is this restaurant located?
    The property is located at 348 Battlefield Blvd Chesapeake, VA.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    348 Battlefield Blvd Chesapeake, VA 23322
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